Diverse Options Inc
- Assets
- $2.1m
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 219
- Location
- Ripon, WI
- Founding
- 12/1965
- Data as of
- 12/2021
- EIN
- 39-0988996
Organization Overview
Diverse Options Inc is located in Ripon, WI. The organization was established in 1965. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 12/2021, Diverse Options Inc employed 219 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Diverse Options Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Diverse Options Inc generated $4.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $3.9m during the year ending 12/2021. While expenses have increased by 1.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST THE DEVELOPMENTALY DISABLED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED WORK RELATED SERVICES, GROUP HOMES AND SUPPORTED LIVING ARRANGEMENTS, A SHELTERED WORKSHOP AND TRANSPORTATION FOR DISABLED ADULTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Al Schraeder CEO | Officer | 40 | $106,901 |
Karl Bertram President | Officer | 1 | $0 |
David Laborde Secretary Treasurer | Officer | 1 | $0 |
Heidi Semenske Director | Trustee | 1 | $0 |
Bill Boutwell Director | Trustee | 1 | $0 |
Jason Mansmith Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $7,800 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $353,121 |
| All other contributions, gifts, grants, and similar amounts not included above | $75,351 |
| Noncash contributions included in lines 1a–1f | $75,351 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $436,272 |
| Total Program Service Revenue | $3,481,767 |
| Investment income | $3,064 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,619,982 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,558,480 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $593,040 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,193 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,271 |
| Office expenses | $5,868 |
| Information technology | $22,159 |
| Royalties | $0 |
| Occupancy | $163,746 |
| Travel | $130,718 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,512 |
| Interest | $6,964 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $156,344 |
| Insurance | $39,705 |
| All other expenses | $37,220 |
| Total functional expenses | $3,928,699 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $827,634 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $527,593 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $49,468 |
| Prepaid expenses and deferred charges | $80,970 |
| Net Land, buildings, and equipment | $631,766 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,840 |
| Total assets | $2,129,271 |
| Accounts payable and accrued expenses | $303,697 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $26,994 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $12,399 |
| Total liabilities | $343,090 |
| Net assets without donor restrictions | $1,786,181 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,129,271 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Diverse Options Inc has recieved totaling $35,840.
| Awarding Organization | Amount |
|---|---|
Golden Rule Community Credit Union Ripon, WI PURPOSE: GENERAL PURPOSE | $17,920 |
Golden Rule Community Credit Union Ripon, WI PURPOSE: GENERAL PURPOSE | $17,920 |
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